GTOP vs. BPH

Last updated Jun 24, 2026

GTOP (Goldman Sachs Technology Opportunities ETF) and BPH (BP p.l.c. ADRhedged ETF) are both exchange-traded funds - GTOP is a Technology Equities fund actively managed by Goldman Sachs, while BPH is a Energy Equities fund actively managed by Precidian. Both are actively managed. At a 0.03 correlation, their price movements are largely independent. GTOP charges 0.65%/yr vs 0.19%/yr for BPH.

Performance

GTOP vs. BPH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Technology Opportunities ETF (GTOP) and BP p.l.c. ADRhedged ETF (BPH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GTOP

• 1D: -3.08%
• 1M: 1.37%
• YTD: 20.78%
• 6M: 19.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BPH

• 1D: -0.55%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GTOP vs. BPH - Yearly Performance Comparison

	2026 (YTD)
GTOP Goldman Sachs Technology Opportunities ETF	1.37%
BPH BP p.l.c. ADRhedged ETF	-5.53%

Correlation

The correlation between GTOP and BPH is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.03

Return for Risk

GTOP vs. BPH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Technology Opportunities ETF (GTOP) and BP p.l.c. ADRhedged ETF (BPH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

GTOP vs. BPH - Drawdown Comparison

The maximum GTOP drawdown since its inception was -14.47%, which is greater than BPH's maximum drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for GTOP and BPH.

Drawdown Indicators

	GTOP	BPH	Difference
Max Drawdown Largest peak-to-trough decline	-14.47%	-9.43%	-5.04%
Current Drawdown Current decline from peak	-5.56%	-8.71%	+3.15%
Average Drawdown Average peak-to-trough decline	-3.45%	-3.18%	-0.27%

Volatility

Volatility by Period

	GTOP	BPH	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.61%	24.10%	+0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.61%	24.10%	+0.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.61%	24.10%	+0.51%

GTOP vs. BPH - Expense Ratio Comparison

GTOP has a 0.65% expense ratio, which is higher than BPH's 0.19% expense ratio.

Dividends

GTOP vs. BPH - Dividend Comparison

GTOP has not paid dividends to shareholders, while BPH's dividend yield for the trailing twelve months is around 0.53%.

Position	TTM
BPH BP p.l.c. ADRhedged ETF	0.53%
GTOP Goldman Sachs Technology Opportunities ETF	0.00%

Frequently Asked Questions

Can I hold both GTOP and BPH in my portfolio?

GTOP and BPH have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GTOP or BPH?

On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GTOP or BPH?

BPH is cheaper with a 0.19% expense ratio, compared with 0.65% for GTOP.

Which ETF pays a higher dividend yield, GTOP or BPH?

BPH has the higher dividend yield at 0.53%, compared with 0.00% for GTOP.

What is the main difference between GTOP and BPH?

GTOP is categorized as Technology Equities, while BPH is Energy Equities. They also come from different issuers: Goldman Sachs and Precidian. Their fees differ too: 0.65% for GTOP and 0.19% for BPH.